International Financial Reporting Standards (IFRS) is an accounting framework that has been gradually adopted by more than 100 countries around the world. The movement toward IFRS has been fueled by increasing globalization and the related need for a single set of worldwide standards that enhance the transparency and comparability of corporate financial results. IFRS is now being considered for adoption by the United States. "IFRS for the United States: Making the Talent Transition," a white paper from Robert Half Management Resources, contains relevant information on how your organization can start preparing for IFRS from a staffing standpoint.
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